Showing 1 - 10 of 259
When national competitiveness is invoked as a policy objective, trade experts have learned to retort that countries don …'t trade, firms do. This focus on the importance of the firm in international trade is consistent with the most recent … developments in trade theory, but policy needs to catch up. Recognizing the growing anomalies in observed trade patterns relative …
Persistent link: https://www.econbiz.de/10010290445
When national competitiveness is invoked as a policy objective, trade experts have learned to retort that countries don …'t trade, firms do. This focus on the importance of the firm in international trade is consistent with the most recent … developments in trade theory, but policy needs to catch up. Recognizing the growing anomalies in observed trade patterns relative …
Persistent link: https://www.econbiz.de/10008989498
diversity of existing capabilities, the greater the number of possible recombinations. Trade between progressively larger sets … driven system. Based on this understanding, the note draws inferences for trade policy …
Persistent link: https://www.econbiz.de/10012957033
Participation in the modern, globalized economy necessarily entails some degree of economy-level specialization in terms of the relative intensities of activities, since all economies – and especially developing ones – are small relative to the global economy. At the same time, it has been...
Persistent link: https://www.econbiz.de/10012904163
This paper explores the implications of recent developments in firm-based trade theory and empirics for trade policy … and negotiations. While traditional trade theory focused on the country, and the new trade theory of the 1980’s adopted … international trade. We describe insights from this reformulation of theory and the empirical literature that illuminates it. The …
Persistent link: https://www.econbiz.de/10014183234
When national competitiveness is invoked as a policy objective, trade experts have learned to retort that countries don …`t trade, firms do. This focus on the importance of the firm in international trade is consistent with the most recent … developments in trade theory, but policy needs to catch up. Recognizing the growing anomalies in observed trade patterns relative …
Persistent link: https://www.econbiz.de/10008919581
developing-country trade. Therefore, as part of a comprehensive agreement on climate change, new WTO rules could be negotiated … that would prohibit the extreme form of action while possibly allowing trade actions based on domestic carbon content as a …
Persistent link: https://www.econbiz.de/10008514828
Most economic analyses of climate change have focused on the aggregate impact on countries of mitigation actions. We depart first in disaggregating the impact by sector, focusing particularly on manufacturing output and exports because of the potential growth consequences. Second, we decompose...
Persistent link: https://www.econbiz.de/10008514831
The negotiations on trade in services at the WTO have so far produced little liberalization beyond levels unilaterally …
Persistent link: https://www.econbiz.de/10005136563
There is a fundamental shift taking place in the world economy to which the multilateral trading system has failed to adapt. The Doha process focused on issues of limited significance while the burning issues of the day were not even on the negotiating agenda. The paper advances five...
Persistent link: https://www.econbiz.de/10005162661